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PLTR

Palantir Technologies Inc.

At today's price, Palantir Technologies Inc. (PLTR) is priced for today's economics sustained for ~12.1 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~12.1 years
Priced In
elevated

Key Takeaways

• Palantir is the rare software company where the government business is the anchor, not the ceiling: 55% of revenue comes from government customers per its own filings, and its US commercial business, the newer half, is growing at 133% year over year on AIP demand [Source: Q1 2026 business update]. • The biggest specific risk is the price itself: at about 186 times company-wide operating income, the market is paying for growth held at the fastest self-funding pace for roughly twelve years, a pe

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Institutional ownership

2,913 institutional managers reported holding PLTR in 13F filings for the quarter ended 2026-03-31. Together they hold about 50% of the company; the top 10 hold 27%. 198 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 76.4M shares were sold short as of the 2026-06-15 count, about 3% of shares outstanding (2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

PLTR's share count grew 26.4% over the past five years even with $139.18M spent on repurchases. It pays no dividend. Cash returned over the past three years: $139.18M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at PLTR over the trailing three years: 2025: 1 buy totaling $1.16M. 12 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

PLTR's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-09-6.4%+17.5%
2023-11-04+26.6%-15.4%
2024-02-21+28.5%-5.1%
2024-05-08-8.3%+31.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

PLTR's latest 8-K filings: 2026-06-09 (items 5.07); 2026-05-04 (items 2.02, 7.01, 9.01); 2026-02-02 (items 2.02, 7.01, 9.01); 2025-11-03 (items 2.02, 7.01, 9.01); 2025-08-04 (items 2.02, 7.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare PLTR

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Last analyzed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.